Product pipeline and R&Dpositive · 5 filings
“This expense was partially offset by the benefits from research and development tax credits and foreign-derived deduction eligible income.”10-K · Aug 10, 2026 ↗
Synaptics Incorporated
SYNA
Market read
Synaptics Incorporated's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 25 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Company+8.0% todayVolume comparison unavailable
Market group0 of 25 activeSemiconductors · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- A full U.S. federal deferred-tax valuation allowance created a significant non-cash tax expense and sharply widened the annual net loss.
- Mobile revenue declined as units sold fell, with the company citing lower demand and unfavorable product mix.
Invalidation: The isolated read changes if SYNA's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 25 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- A full U.S. federal deferred-tax valuation allowance created a significant non-cash tax expense and sharply widened the annual net loss.
- Mobile revenue declined as units sold fell, with the company citing lower demand and unfavorable product mix.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements120
Verified relationships7
Evidence supporting the case
- Latest annual revenue changed +11.4% year over year.
- Operating margin changed +3.2 percentage points in the latest annual period.
Evidence challenging the case
- Net margin changed -36.5 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
- EV/sales is 49% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
100.986m+35.8%12m+46.1%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-06-25$1.7B+29.9%$6.33+6.3%
2023-06-24$1.4B-22.1%$1.83-1.2%
2024-06-29$959.4M-29.2%$3.16-1.2%
2025-06-28$1.1B+12.0%$-1.22-1.0%
2026-06-27$1.2B+11.4%$-12.62-1.0%
What management says matters
Persistent and emerging business drivers
Credit and interest ratesnegative · 4 filings
“The interest rate on our revolving credit facility is variable, which is subject to change from time-to-time to reflect a market interest rate; however, no balance was outstanding under the revolving credit facility during fiscal 2026.”10-K · Aug 10, 2026 ↗
Demand and volumemixed · 3 filings
“Net revenue from Mobile product applications decreased by $7.4 million and was primarily driven by lower units sold (which decreased 5.7%) and a decrease in average selling prices (which decreased 11.2%), due to lower demand and unfavorable product mix.”10-Q · May 7, 2026 ↗
Pricing and mixnegative · 2 filings
“Mobile net revenue was $166.4 million, decreasing 13.2% compared to $191.8 million a year ago, primarily due to lower average selling prices and a decrease in license revenue from certain of our IP.”10-K · Aug 10, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.3× · EV/sales 3.6×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
100.98+8.0% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SYNA. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SYNA. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SYNA
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AVGOBroadcom Inc.investeeMay 7, 2026 ▾
“The decrease was primarily driven by an overall reduction in our invested cash balances following the early repayment of our Term Loan Facility in the second quarter of fiscal 2025 and the cash paid for the Broadcom acquisition in the third quarter of fiscal…”
Depended on by
SLABSilicon Laboratories Inc.competitorFeb 10, 2026 ▾
“We compete with Espressif, Infineon, MediaTek, Microchip, Nordic Semiconductor, NXP, Qualcomm, Renesas, STMicroelectronics, Synaptics, Telink, Texas Instruments and others.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SYNA is currently a Follower in the organic co-movement group Semiconductors. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.